Oak Point Partners, Inc. acquired the remnant assets of the Creditor Trust of the ITS Engineered Systems Inc Bankruptcy Estate (ITS Engineered Systems) in November 2017.
On April 17, 2015, ITS Engineered Systems filed a voluntary chapter 11 petition in the United States Bankruptcy Court for the Southern District of Texas, assigned Case No. 15-32145. On July 13, 2016, the Court confirmed the Debtor’s chapter 11 plan, pursuant to which the Trust was created. Oak Point Partners, Inc. acquired the remnant assets of the Creditor Trust of the ITS Engineered Systems Inc Bankruptcy Estate in November 2017.
ITS Engineered Systems manufactured oil field service and steam generation systems for upstream and downstream markets.
The former headquarters of ITS Engineered Systems was located in Katy, TX.
Funds or Proceeds owed to ITS Engineered Systems, Inc.
Inquiries regarding overpayments, refunds, unclaimed or undeliverable funds or proceeds owed to ITS Engineered Systems, Inc. may be directed to Oak Point Partners at:
Oak Point Partners, Inc.
P.O. Box 1033
Northbrook, IL 60065-1033
For questions or additional information please contact Janice Alwin at 847-577-1374. Requests for reasonable referral or finder fees for discovered remnant assets will be considered.
Please note that Oak Point did not acquire books and records. We are unable to assist with claim, warranty or product inquiries.
We have no information about retirement or other employee benefit plans (e.g., profit sharing or pension plans). Information may be available at the U.S. Department of Labor Employee Benefits Security Administration (866-444-3272) or Pension Benefit Guaranty Corporation (800-400-7242).
About Oak Point Partners
Oak Point Partners is a private investment firm specializing in the purchase of remnant assets. Oak Point Partners has completed purchases of the remaining known and unknown assets in hundreds of Chapter 11 and Chapter 7 bankruptcy cases. Purchases include assets of American Hospice Management Holdings, LLC, Mackeyser Holdings, LLC, and Open MRI of Fairview, Inc. Click here for a listing of Oak Point owned estates.
The information contained in this website is for general information purposes only and should not be relied upon without further inquiry or diligence. We make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, or suitability with respect to the information contained or services offered on the website for any purpose.